Welcome to our dedicated page for CVIA news (Ticker: CVIA), a resource for investors and traders seeking the latest updates and insights on CVIA stock.
Covia Holdings Corp (CVIA) delivers mineral solutions for energy and industrial markets through its specialized Energy and Industrial segments. This page provides authorized updates on corporate developments, financial performance, and operational milestones.
Investors and industry professionals will find a comprehensive repository of press releases covering earnings announcements, product innovations, strategic partnerships, and market expansions. Our curation focuses on verified updates about CVIA's dual offerings: energy sector materials like frac sand/proppants, and industrial solutions for construction, glass, and metals manufacturing.
Key updates include operational advancements in raw material processing, custom-blended product launches, and sustainability initiatives across both business segments. Bookmark this page for direct access to primary source materials that impact CVIA's position in the mineral solutions sector.
Covia's response to Hurricane Helene demonstrates its commitment to corporate social responsibility and employee support. The company activated its Covia Cares Emergency Relief Fund and Immediate Response Funds to assist affected employees and their families in the Southeast. Over 40 employees received immediate relief funds through the Covia Foundation.
The company's philanthropic efforts are guided by the Community Investment Policy, administered by the Covia Foundation. In addition to internal support, Covia donated to Team Rubicon, a veteran-led humanitarian organization, to aid in on-the-ground relief efforts for Hurricane Helene. Employees at plants in Georgia and North Carolina were particularly commended for their efforts in supporting colleagues and the community during this crisis.
Covia demonstrates its commitment to biodiversity through various local initiatives across its operational footprint. The company partners with organizations to protect and restore habitats for native species. Key projects include:
1. South Jersey Quail Project: Protecting quail habitats in New Jersey.
2. Ontario Turtle Conservation Centre: Supporting turtle rehabilitation and education in Canada.
3. Swallow conservation in Southern Ontario.
4. Fish and turtle habitat preservation in Huntingburg, Indiana.
5. Dunes Sagebrush Lizard protection in Kermit, Texas.
6. Fox den development in Junction City, Georgia.
These efforts showcase Covia's dedication to preserving local ecosystems and endangered species. The company provides funding and organizational support for these community projects, emphasizing its commitment to positive environmental impacts.
Covia, a company focused on cultivating a safe work environment, has implemented innovative safety measures in 2024 to improve workplace safety. Key highlights include:
- Introduction of wearable safety sensors to prevent injuries by providing instant feedback on hazardous movements
- Development of digital workplace inspections to streamline safety procedures and enforce SMHS guidelines
- Continuation of the 'Safety Starts with Me' program, an employee-led initiative to create a positive work environment
- Organization of Safety Days, focusing on different elements of health and safety, including emergency preparedness drills
Covia's efforts were recognized by NIOSH with the Mine Safety and Health Technology Innovations Award for their wearable sensor program implementation.
John Hargrove, Environmental Health and Safety Coordinator at Covia's Hephzibah, Georgia, plant, is recognized for his dedication to safety and leadership. With a background in the U.S. Marine Corps and mining industry, John joined Covia in 2018 as a utility operator. His passion for learning and growth led to promotions, ultimately becoming the EHS coordinator.
In his role, John manages environmental and safety responsibilities, including industrial-hygiene testing. His experience across various positions helps him effectively communicate safety practices. Under John's guidance, the Hephzibah plant recently achieved 20 years without a lost-time incident, emphasizing the plant's commitment to the 'Safety-First' mindset and the principle of 'safety before production'.
Covia (NYSE: CVIA) has implemented advanced reporting and measurement capabilities to enhance the quality and reliability of safety data tracked at its sites. The company uses a Safety Performance Scorecard, updated monthly and shared quarterly, to monitor performance against key performance indicators (KPIs) and internal targets. This scorecard includes standard injury statistics and leading indicators.
Covia also focuses on Leading Indicator KPIs, encouraging employees to report incidents, near-misses, and concerns. The company aims to complete dust sampling and in-field safety evaluations on time, with the goal of meeting or exceeding KPI targets annually. Covia's commitment to safety engagement and performance transparency is demonstrated by making key safety metrics available on its intranet and updating them regularly.
Covia, in partnership with Soter Analytics, has been awarded the NIOSH Mine Safety and Health Technology Innovations Award for their innovative use of wearable sensors and a video assessment tool to improve ergonomic risk awareness and prevention. The technology, deployed across 23 Covia locations with 172 active users, has generated over 2,200 full-shift measurements. The sensors track posture and position, alerting wearers to ergonomic risks through tones and vibrations.
Andrew O'Brien, Covia's VP of Environment, Safety & Health, emphasized the company's commitment to employee safety and integrating innovation into their Safety First culture. This recognition by NIOSH demonstrates Covia's dedication to exceeding regulatory standards and improving employee health and safety.
On September 10, 2024, Covia is conducting a company-wide Safety Day focused on Emergency Preparedness. All locations will participate in activities including emergency response simulations, safety performance reviews, and policy discussions. The event aims to ensure team members are well-prepared for any emergency situation.
The Safety Day supports Covia's 'Safety First' value and promotes a culture of performance and accountability. Activities are tailored to each site's specific operations and address key risks across the company. This annual event reinforces the importance of safety both at work and at home, contributing to a sustainable future for Covia, its customers, and the communities it serves.
Covia, a leading industrial minerals company, has made significant strides in enhancing workplace safety through improved dust control measures. The company invested $2.0 million in projects aimed at reducing dust exposure across its locations. Notable initiatives include:
1. Working closely with sites experiencing elevated silica exposure levels
2. Establishing routine meetings with safety and health leaders
3. Increasing organization-wide communication
At the Wedron, Illinois plant, Covia implemented several tools, including a wheel wash station, concrete sand-storage bunkers, improved pavement, and an upgraded water scrubber. The Oregon, Illinois plant achieved a 60% reduction in airborne respirable dust by applying Covia's DST® Dust Suppression Technology during screen-change procedures. These efforts demonstrate Covia's commitment to protecting employees, neighbors, and the environment from the risks associated with respirable silica dust exposure.
Carol DeNure, Office Administrator at Covia's Blue Mountain plant in Havelock, Canada, reflects on her 17-year journey with the company. Starting in accounts payable in 2007, Carol's enthusiasm led her to explore various departments, eventually focusing on health and safety. Her current role involves payroll, contract negotiations, community events, health and safety monitoring, and environmental initiatives.
Carol's passion for gardening has extended to her work, where she maintains a garden at the Blue Mountain plant. She also plays a key role in Covia's Wildlife Habitat Certification (WHC) programs, including turtle conservation efforts. Carol emphasizes Covia's supportive environment for employee growth and its commitment to environmental stewardship, which has garnered recognition from WHC.
Covia, a leading materials company, is celebrating exceptional safety performance across its facilities. Several plants have achieved remarkable milestones in workplace safety, with multiple locations operating for 5 years or more without a lost time incident (LTI). Notably, Roff, Oklahoma, and Tuscaloosa, Alabama, have maintained an impressive 38-year streak without LTIs.
Other standout facilities include Emmett, Idaho (28 years), Huntingburg, Indiana, and San José, Veracruz, Mexico (both 24 years), and Hephzibah, Georgia, and Tlaxcala, Mexico (both 19 years). This achievement underscores Covia's commitment to its Safety First value and demonstrates the company's dedication to maintaining high standards of safety, health, and security across its operations.
